rss icon Subscribe
desktop mobile

IMS Group Buys OceanSaver Assets

Posted by Eric Haun

Norway's IMS group AS announced it has signed a purchase agreement with the OceanSaver Trustee to acquire the ballast water treatment system manufacturer's intellectual property, certificates and assets following its bankruptcy filed on September 13, 2017.

OceanSaver had sold approximately 200 ballast water treatment systems and was among the first suppliers to be approved by IMO, to successfully complete the stringent test regime by the U.S. Coast Guard and to obtain a USCG type approval in December 2016.
However, "insufficient liquidity" led OceanSaver to file for bankruptcy after facing "significant downward pressure on equipment prices," due to continued low shipbuilding activity as well as IMO's MEPC 71 July decision to push back deadlines for ship owners to retrofit ballast water treatment systems.
Under the new deal, OceanSaver's electro chlorination BWTS will now be sold and manufactured at TeamTec, a company within the IMS group.
"We think it is of significant added value for customers that the ballast water treatment product range is integrated into an already profitable and sustainable business with several maritime products. We would therefore not be dependent on a steady market, but will be able to adjust quickly, both with production capacity and personnel," says Roy Langseth, CEO of the IMS group, a family owned supplier of technological solutions for the offshore and marine markets.
Langseth added this will provide stability and reliability for ship owners who plan to invest in ballast water treatment systems, one singular point of service for yards, as well as synergies between product ranges and a streamlined service organization for us as a maker.

Sep 21, 2017

 QRCode for link to IMS Group Buys OceanSaver Assets story
 

Ballast Water Treatment

Aquaculture Firm Chooses Optimarin BWTS

Optimarin CEO Tore Andersen (Photo: Optimarin)

DESS Aquaculture, a joint venture between Solstad Farstad and John Fredriksen’s Marine Harvest

Alfa Laval Offers CBT for BWTS Ops

Photo: Alfa Laval

Lack of crew knowledge is not a valid reason for non-compliance in ballast water treatment.

Innovative Ballast Water Solutions: Damen's InvaSave

Photo: Damen

Since the Ballast Water Management (BWM) Convention entered into force on September 8, 2017

Marine Equipment

CTG Wash Water Monitor Installed on Scrubber Retrofit in China

The installation represents one of the first scrubber retrofits to be carried out in a Chinese yard, a reflection of the industry-wide acceleration in the global scrubber market. (Photo: CTG)

A Sea Sentry wash water monitoring system for ship exhaust gas cleaning systems from maritime

ZPMC USA Expands Coast-to-coast

A newly-raised crane is repositioned from the work site back to the wharf to return to service in Charleston, S.C. (Photo: ZPMC)

ZPMC USA is currently working on 25 cranes in nine locations that showcase a broad range of

Actisense Expands Its PRO Range

Photo: Actisense

Actisense has officially launched the latest addition to its PRO range at Seawork International in

Technology

CTG Wash Water Monitor Installed on Scrubber Retrofit in China

A Sea Sentry wash water monitoring system for ship exhaust gas cleaning systems from maritime sensors manufacturer Chelsea Technologies Group (CTG) has been installed in a

Cavotec Supports Sustainable Development of China’s Cruise Sector

Photo: Cavotec

A battery-powered AMPMobile unit connects a ship to shore power at Shenzhen cruise terminal.

New VR Technology to Transform Yachting, Shipping Industries

(l-r): Richard Hooson, Sam Slater and Greg Beach on a recent client visit to Monaco. (Photo: The Landing)

The global yachting and shipping industries are queuing up to adopt the very latest in immersive